The Bitcoin Podcast Network

TBP Announcements: Celsius Network

Episode Summary

Today we talk with Alex Mashinsky is the founder and CEO of the Celsius Network. A message from Alex: Celsius launched its services on July 2018 and since, we have done over $600M in coin loans. We used the interest we earned from these coin loans to buy BTC, ETH and other cryptocurrencies to pay interest to our community of Crypto depositors and to buy back CEL tokens. We also funded the industry's largest single dollar loan of $5,000,000. We charge no origination or closing fees, no penalties, no early termination fees, and no default fees. We have not liquidated or repossessed a single loan since we launched. You can ask the other guys if they can say the same thing about their services. Website: https://celsius.network/

Episode Notes

Today we talk with Alex Mashinsky is the founder and CEO of the Celsius Network. A message from Alex: Celsius launched its services on July 2018 and since, we have done over $600M in coin loans. We used the interest we earned from these coin loans to buy BTC, ETH and other cryptocurrencies to pay interest to our community of Crypto depositors and to buy back CEL tokens. We also funded the industry's largest single dollar loan of $5,000,000. We charge no origination or closing fees, no penalties, no early termination fees, and no default fees. We have not liquidated or repossessed a single loan since we launched. You can ask the other guys if they can say the same thing about their services.

Website:
https://celsius.network/